Better Business Bureau November 8, 2012

Acadiana: A Great Place for Business

Good News The jobs are here.

Good News The economy is growing.

Good News We’re leading the way.

Good News Our income has increased.

Good News We love a good meal.

Good News We’re excited about the future.

Retail Sales

Source: Lafayette Parish School System

$5.9 billion forecasted

for 2012

Unemployment

Source: Louisiana Workforce Commission

7.6%

4.0%

6.3%

5.4%

Gross Domestic Product

Source: Bureau of Economic Analysis

12% growth

09 to 10

How do we stack up?

Houston $44,001

New Orleans $42,485

Dallas $41,282

Lafayette $41,129

Austin $38,736

Little Rock $37,512

Atlanta $38,321

Baton Rouge $37,254

Shreveport $36,871

Jackson $36,720

Mobile $31,583

Source: Bureau of Economic Analysis, Regional Data-Metropolitan Statistical Area Per Capita Personal Income, 2010

Good News Benchmark Peers Indicators What’s Next Contact Vitality

Census Population Population Growth Current Population Projected Population Growth Gross Domestic Product (GDP) GDP Per Capita 3-Year Real GDP Growth 3-Year Job Growth

Per Capita Income 3-Year Per Capita Income Growth Airport Passengers Airport Cargo Exports

Source: Bureau of Economic Analysis, Regional Data-Metropolitan Statistical Area Per Capita Personal Income, 2010

Lafayette $41,129

Source: Bureau of Economic Analysis, Regional Data-Metropolitan Statistical Area Per Capita Personal Income, 2010

Good News Benchmark Peers Indicators What’s Next Contact Labor Force

Labor Force

Unemployment Rate

Bachelor's Degree

Graduate or Professional Degree

Wealth-Creating Industries

International Talent

Unionization Rate

Average Work Commute Time

Lafayette 23.7%

Houston 20.0%

Baton Rouge 19.5%

Mobile 16.9%

Shreveport 15.2%

New Orleans 14.6%

Austin 13.8%

Atlanta 13.8%

Little Rock 13.0%

Jackson 12.7%

Dallas 11.6%

Source: Bureau of Labor Statistics, State and Metro Area Current Employment Statistics, Not Seasonally Adjusted May 2012 for Selected Industries

Lafayette 23.7%

Baton Rouge 84.5

Lafayette 84.7

New Orleans 86.0

Houston 89.8

Atlanta 94.3

Shreveport 94.3

Austin 97.7

Mobile 100.7

Little Rock 106.2

Dallas 109.1

Jackson 121.5

Source: Bureau of Economic Analysis, Regional Data-Metropolitan Statistical Area Per Capita Personal Income, 2010

Good News Benchmark Peers Indicators What’s Next Contact Affordability

Overall Cost of Living Index

Grocery Index

Transportation Index

Utilities Index

Health Care Index

Miscellaneous Index

Apartment Rent/Month

Single Family Home Price

Class A Office Space

Electric Commercial Rate

Source: Various, available upon request

Lafayette 84.7

Little Rock $594

Lafayette $602

Mobile $612

Baton Rouge $794

Shreveport $910

Jackson $990

New Orleans $1,086

Atlanta $1,329

Houston $1,421

Dallas $1,564

Austin $1,840

Source: Bureau of Economic Analysis, Regional Data-Metropolitan Statistical Area Per Capita Personal Income, 2010

Good News Benchmark Peers Indicators What’s Next Contact Tax Climate

State Individual Income Tax

State Corporate Income Tax

State Gasoline Tax

State Unemployment Insurance Tax

Sales Tax

Property Tax

Source: Various, available upon request

Lafayette $602

Source: Bureau of Economic Analysis, Regional Data-Metropolitan Statistical Area Per Capita Personal Income, 2010

Good News Benchmark Peers Indicators What’s Next Contact Innovation

Patents

Internet Connectivity

Entrepreneurship

Young Professionals

Creative Professionals

Small Businesses

Austin 7.1%

Houston 7.0%

Lafayette 6.8%

Dallas 6.3%

New Orleans 5.7%

Atlanta 5.7%

Jackson 5.6%

Shreveport 5.4%

Baton Rouge 4.9%

Little Rock 4.5%

Mobile 4.0%

Source: US Census Bureau, American FactFinder, 2010 ACS 1-Year Estimates

Lafayette 6.8%

Source: Bureau of Economic Analysis, Regional Data-Metropolitan Statistical Area Per Capita Personal Income, 2010

Good News Benchmark Peers Indicators What’s Next Contact Innovation

Patents

Internet Connectivity

Entrepreneurship

Young Professionals

Creative Professionals

Small Businesses

Lafayette 27.2

Little Rock 21.6

New Orleans 21.2

Atlanta 21.1

Austin 20.5

Jackson 20.3

Shreveport 19.4

Baton Rouge 18.6

Dallas 18.5

Mobile 17.9

Houston 17.4

Source: U.S. Census Bureau, County Business Patterns, 2010 Metropolitan Statistical Areas

Lafayette 27.2

Source: LEDA

How’s the local economy? Economic Performance Index

100

105

110

115

120

125

2006 2007 2008 2009 2010 2011

Economic Performance Index

12-Month Moving Average

119 122

103

Source: LEDA, Q2 2012

Wildcatter mentality

Creative culture

Entrepreneurial thinking

Leadership

Congratulations!

What makes Acadiana special?

Learn more about Lafayette, LA and LEDA: www.lafayette.org

www.facebook.com/lafayettela Twitter: @LEDALafayetteLA